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Alta Equipment Group Inc (NYSE:ALTG)

10.44 USD -0.17 USD ( -1.6% )
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Alta Equipment Group Inc Logo
Alta Equipment Group Inc
NYSE:ALTG
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Intrinsic Value

The intrinsic value of one ALTG stock under the Base Case scenario is 24.87 USD. Compared to the current market price of 10.44 USD, Alta Equipment Group Inc is Undervalued by 58%.

The Intrinsic Value is calculated as the average of the two valuation methods:

Undervaluation 58%
Intrinsic Value
Price
Bear Case
Base Case
Bull Case

Fundamental Analysis

ALTG Profitability Score
Profitability Due Diligence

Alta Equipment Group Inc's profitability score is 41/100. The higher the profitability score, the more profitable the company is.

Negative 3-Year Average ROE
Positive Free Cash Flow
Low 3-Year Average ROIC
Positive Net Income
41/100
Profitability
Score

Alta Equipment Group Inc's profitability score is 41/100. The higher the profitability score, the more profitable the company is.

ALTG Solvency Score
Solvency Due Diligence

Alta Equipment Group Inc's solvency score is 24/100. The higher the solvency score, the more solvent the company is.

Average Interest Coverage
Positive Net Debt
High D/E
Average Altman Z-Score
24/100
Solvency
Score

Alta Equipment Group Inc's solvency score is 24/100. The higher the solvency score, the more solvent the company is.

Wall Street
Price Targets

ALTG Price Targets
Price Targets made by Wall Street

12-month price targets for ALTG stock made by Wall Street professionals. The average price target is 20.74 USD with a low forecast of 19.19 USD and a high forecast of 23.1 USD.

Lowest
Price Target
19.19 USD
84% Upside
Average
Price Target
20.74 USD
99% Upside
Highest
Price Target
23.1 USD
121% Upside

12-month price targets for ALTG stock made by Wall Street professionals. The average price target is 20.74 USD with a low forecast of 19.19 USD and a high forecast of 23.1 USD.

Competitors

Competitors Valuation
Alta Equipment Group Inc Competitors

Shareholder Return

Stock Performance
ALTG Price Statistics

ALTG Market
1 Week -3% +0%
6 Months -31% -14%
1 Year -28% -6%
3 Years +7% +41%
1M 1M
-9%
6M 6M
-31%
1Y 1Y
-28%
3Y 3Y
+7%
5Y 5Y
+8%

Company Profile

Alta Equipment Group Inc

Country

United States of America

Industry

Trading Companies & Distributors

Market Cap

343M USD

Dividend Yield

0%

Description

Alta Equipment Group, Inc. engages in the operation of equipment dealership platforms. The company is headquartered in Livonia, Michigan and currently employs 2,250 full-time employees. The company went IPO on 2019-04-12. The firm operates through two segments: Material Handling and Construction Equipment. The company is engaged in five principal business activities in its equipment categories, including new equipment sales, used equipment sales, parts sales, repair and maintenance services, and equipment rentals. Through its branch network, the Company sells, rents, and provides parts and service support for specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment, and other industrial and construction equipment. The company has developed a branch network that includes approximately 60 total locations across Michigan, Illinois, Indiana, Ohio, Massachusetts, Maine, Connecticut, New Hampshire, Vermont, New York, Virginia and Florida. The firm offers its customers a one-stop shop for their equipment needs through its product portfolio.

Contact

MICHIGAN
Livonia
13211 Merriman Road
+12484496700.0

IPO

2019-04-12

Employees

2 250

Officers

CEO & Chairman
Mr. Ryan Greenawalt
Chief Financial Officer
Mr. Anthony J. Colucci
Sr. VP of Operations
Mr. Craig Brubaker
VP of HR
Paul Ivankovics
Pres of Construction Equipment Division
Mr. Robert T. Chiles
Pres of Industrial Group
Mr. Bob Kohler
Show More
Director Of External Reporting
Sinem McDonald
Director of Fin.
Mr. Andrew Rundle
Director of SEC Reporting & Technical Accounting
Jason Dammeyer
Show Less

See Also

Other Stocks